XRP Final Move: Binance Empties Hacked Wallet of Last $101 Million
Photo: U.Today
The compromised hot wallet of the Binance exchange has been completely emptied. Blockchain tracker Whale Alert recorded two identical transactions of 40 million XRP each (around $101 million in total), which went to a new address 50 seconds apart. This is the platform's corporate address rK21t6nGLy4MNDqhvy3pGwcLFy25qgfzMx . After the October 29 attack, the wallet received an official red "Reported as hacked" label in network explorers. As a result of this final transfer, the address's balance dropped to 23.7 XRP (around $30) — the exchange fully removed the remaining funds, moving them to new internal wallets.
Source: U.Today
